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Monthly Archives: February 2011

First California Financial Group, Inc. (FCAL), the Holding Company of First California Bank, Acquires San Luis Trust Bank

First California Financial Group, Inc. announced late Friday that First California Bank assumed all of the deposits and substantially all of the assets of San Luis Trust Bank, effective at the close of business Friday, February 18, 2011, from the … Continue reading

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Cray Inc. (CRAY) Awarded Contract for Supercomputer Project

Cray Inc., a global supercomputer provider, today announced it has been awarded a contract from the Swiss National Supercomputing Centre (CSCS) in Manno, Switzerland, to acquire a Cray XMT supercomputer. The announcement, made in conjunction with a CSCS-hosted workshop focused … Continue reading

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Cumulus Media Inc. (CMLS) Announces Proposal for Strategic Merger

Cumulus Media Inc., the nation’s second largest radio broadcaster based on station count, today announced that Cumulus and Citadel Broadcasting Corp. have entered into an exclusivity agreement in regards to a merger agreement in which Cumulus will acquire all of … Continue reading

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Yucheng Technologies Ltd. (YTEC) Posts Q4 and FY2010 Results

Yucheng Technologies Ltd., a leading provider of IT Solutions to the financial services industry in China, today posted its financial results for the fourth quarter and full year ended December 31, 2010. Total revenues for the fourth quarter of 2010 … Continue reading

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PowerSecure International, Inc. (POWR) Announces Strong Marketplace Adoption for New Family of LED-based Street Lights

PowerSecure International, Inc., a leading provider for energy and smart grid solutions, recently announced that its new LED-based streetlights are seeing a strong adoption by utilities and municipalities in the marketplace. Over 30 electric utilities and municipalities have purchased PowerSecure’s … Continue reading

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Pluristem Therapeutics, Inc. (PSTI) is Commercializing Profound New Approach to Therapeutics

There are so many significant developments occurring in the medical industry on a regular basis that it’s almost impossible for an investor to separate out those that are truly profound and have long term implications. Some companies, however, are doing … Continue reading

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LRAD Corp. (LRAD) Receives $800,000 in Orders from the US Navy

LRAD Corp. is the world leader in acoustic hailing devices. The company’s Long Range Acoustic Device (LRAD) directional communication systems are being used around the world in diverse applications including fixed and mobile military deployments, maritime security, commercial security, border … Continue reading

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China Advanced Construction (CADC) Expands Project Portfolio with Award of Two Contracts worth $6.8M

China Advanced Construction Materials Group Inc. (China AMC), a leading provider of ready-mix concrete and related technical services in China, has been awarded two high-speed rail (HSR) contracts valued at $6.8 million total, bringing the company’s total number of portable … Continue reading

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JA Solar Co. Ltd. (JASO) Introduces New Wave in Solar Technology

JA Solar Holdings Co. Ltd., a leading manufacturer of high-performance solar cells and solar power products, has developed a new high-power multi-crystalline solar cell with an 18.2 percent conversion efficiency based on a proprietary new technology called “Maple.” The silicon … Continue reading

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Unique Avenue of Ventrus Biosciences (VTUS) a Topic of PharmalotArticle

Prize-winning journalist and founder of the popular biotechnology website www.pharmalot.com, Ed Silverman authored an article today on Ventrus Biosciences (NASDAQ: VTUS) titled, “A Little Company Tackles A Big Pain In The Butt.” While the title was catchy and done in … Continue reading

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